Buying a Short Lease Property in Singapore � Must Know Facts!

Dollarbackmortgage30 Jul, 2024Business

When you buy a leasehold property, you only own that property for the period of the lease. As time passes, the lease period gradually reduces, transforming some properties into ?short lease? homes. A common criterion to define a home with a short lease is one with 60 years or less. This article will delve into the realities of purchasing a home with a short lease remaining in Singapore, providing a comprehensive roadmap to guide you through the intricacies and nuances.